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Governance4615SHINTO PAINT COMPANY,LIMITEDMaterials and Chemicals

Matters Concerning Controlling Shareholders

大日本塗料株式会社が当社議決権の50.10%を保有する親会社となった。これに伴い、親会社グループとの利益相反が生じ得る取引を審議するため、社外役員で構成する独立役員委員会を設置した。

Worth reading
81Important
Scored from 3 of 5 sections
Direction
Mixed performance
Direction inferred from the company’s description.
Scale
50.1
Voting rights ownership ratio (%)
Wording
Definitive
How definitive the wording is.

Governance structure

Controlling shareholder
大日本塗料株式会社50.10%Voting rights

親会社、議決権所有割合50.10%

When one company holds most of the voting rights, its wishes are more likely to prevail in management. How the interests of minority shareholders are protected is a key issue.

Number of directors6 directors (of whom the number of outside directors is Not disclosed)
Committee1
Independent Officers Committee
Changes this time

大日本塗料株式会社による公開買付け及び第三者割当による新株式発行の結果、同社が親会社となった。また、2025年5月29日開催の取締役会で独立役員委員会を設置した。

Governance structure
ItemDetails
Number of directors6 directors (of whom the number of outside directors is Not disclosed)
CommitteeIndependent Officers Committee (comprising outside directors and outside corporate auditors; proportion of outside members: Not disclosed)
Controlling shareholder大日本塗料株式会社(親会社、議決権所有割合50.10%)
Changes this time大日本塗料株式会社による公開買付け及び第三者割当による新株式発行の結果、同社が親会社となった。また、2025年5月29日開催の取締役会で独立役員委員会を設置した。
Items this document does not state (4)
Corporate Governance StructureNumber of independent officersPolicy on cross-shareholdingsTakeover defenses

These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.

The reasons the company gives

The company's own explanation, not something inferred from the numbers.

大日本塗料株式会社による公開買付けと第三者割当による新株式発行の結果、同社が親会社となったため。少数株主保護の観点から、親会社およびそのグループ会社との重要な取引・行為を審議・検討するため、独立役員委員会を設置した。

How to read this page

This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Matters Concerning Controlling Shareholders | SHINTO PAINT COMPANY,LIMITED (4615) timely disclosure | Komori